Tue, Nov 29 2016

MOSCOW, Nov 29 Metals and mining group Mechel
posted a third-quarter net loss of 2.8 billion roubles
($43 million) as a surge in the price of its main product coking
coal came too late to bolster its earnings but will boost its
fourth quarter, it said.

MOSCOW, Nov 29 Russian metals and mining giant
Mechel posted a net loss of 2.8 billion roubles ($43
million) in the third quarter versus a profit of 8 billion
roubles a quarter before, it said in a statement.

MOSCOW Russian metals and mining giant Mechel plans to sign a final debt-restructuring deal in early 2017, its chief financial officer told Reuters, concluding more than two years of negotiations on a burden that has threatened its survival.

MOSCOW, Aug 29 Russian coal and steel producer
Mechel said on Monday its first-half core earnings, or
EBITDA, rose 9 percent year on year to 25.7 billion roubles
($395 million) thanks to price increases on its products.

Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products: